FMR is below market; voucher rent may lag private rents.
0.80
1 BR
1 BR- 28174
0.84ratio
FMR$1,220
Market$1,450
vs market-$230
FMR is below market; voucher rent may lag private rents.
0.84
2 BR
2 BR- 28174
0.83ratio
FMR$1,330
Market$1,600
vs market-$270
FMR is below market; voucher rent may lag private rents.
0.83
3 BR
3 BR- 28174
0.89ratio
FMR$1,620
Market$1,830
vs market-$210
FMR is below market; voucher rent may lag private rents.
0.89
4 BR
4 BR- 28174
0.99ratio
FMR$2,070
Market$2,090
vs market-$20
FMR is near market; voucher and private rents are aligned.
0.99
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Wingate, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Wingate, NC is $1,330 a month. That is up 6.4% from $1,250 in FY 2026. Wingate is in the Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in North Carolina is $1,145, so Wingate is 16% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Wingate, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,080
$1,170
+8.3%
$1,053–$1,287
1BR
$1,130
$1,220
+8.0%
$1,098–$1,342
2BR
$1,250
$1,330
+6.4%
$1,197–$1,463
3BR
$1,530
$1,620
+5.9%
$1,458–$1,782
4BR
$1,950
$2,070
+6.2%
$1,863–$2,277
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Wingate, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,170
$1,220
$1,330
$1,620
$2,070
FY 2026
$1,080
$1,130
$1,250
$1,530
$1,950
FY 2025
$1,200
$1,250
$1,380
$1,700
$2,160
FY 2024
$1,060
$1,090
$1,220
$1,520
$1,950
FY 2023
$940
$960
$1,080
$1,370
$1,770
Questions about Wingate, NC rents
How much will Section 8 pay for a two-bedroom in Wingate, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,330, that basic range is $1,197 to $1,463 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Wingate, NC in?
Wingate, NC is in the Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Wingate, NC for FY 2027?
The two-bedroom FMR rose 6.4%, from $1,250 in FY 2026 to $1,330 in FY 2027. Since FY 2023 it has risen 23.1%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set